By: Eva Baxter
A trio of decentralized platforms, FetchAI, SingularityNet, and Ocean Protocol, have proposed a merger aiming to establish the biggest decentralized artificial intelligence (AI) ecosystem. If approved, the new ASI token could potentially rank in the top 20 most capitalized cryptocurrencies with a hefty $7.5 billion fully-diluted valuation.
This collective effort aims to offer a decentralized alternative to the dominating projects under the control of Big Tech. This is a remarkable leap in the quest to decentralize AI technology, providing an equitable platform for AI development and utilization.